Rocky

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Posts : 36085Join date : 2012-01-19

The financial demands of the World Bank to increase funding for reconstruction fund loans

Monday, January 23, 2017 13:05

a News / Baghdad demanded that the Ministry of Finance , on Monday, the World Bank to increase funding for reconstruction fund loans, noting that it directed its departments to provide all necessary support in the water, electricity, education and health sector.

The ministry said in a statement Alsumaria News received a copy of " The Undersecretary of the Ministry of Finance Fadel Prophet discussed during his meeting with a delegation of the World Bank technical in the ministry 's headquarters, special topics to support the reconstruction of areas affected by terrorism fund , " and urged the bank to "increase the loan financing to fund reconstruction areas affected by terrorism. "

He added that the Prophet , " the ministry directed departments to provide all necessary support and necessary and the importance of supporting the priority aspects of water, electricity, education, schools, the health sector and the necessary things other sector."

The World Bank is one of the specialized agencies of the United Nations dealing with development which is composed of five international organizations Group, responsible for financing countries for the purpose of development and reduce poverty, in addition to the promotion and protection of the global investment, has started its activities to assist in the ages of Europe after World War II .